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International ChainsNational ChainsDesigner BoutiquesPremium Dining & LifestyleFamily Entertainment

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Ultra-Luxury PositioningValue PositioningBudget Brands

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Park Bulvar Shopping Center is a prominent retail location in Baku, strategically located along the Caspian Sea promenade. It is a multi-level shopping mall with modern design and a wide range of retail outlets, entertainment options, and dining establishments. The mall offers a mix of international brands and local retailers, making it a key destination for both tourists and locals. With ample parking and convenient public transport links, Park Bulvar is positioned as a family-friendly destination that caters to diverse shopping needs.

Despite its strong location and popularity, the mall faces challenges with competition from newer developments in Baku's retail scene, which has led to fluctuations in foot traffic. Additionally, the average rental rates are higher compared to similar malls in the area, making it a less cost-effective option for some retailers. Nevertheless, the mall's visibility and accessibility remain strong selling points for businesses targeting high-footfall zones.

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Hours of Operation

Hours

Checking...
Monday10:00 AM — 10:00 PM
Tuesday10:00 AM — 10:00 PM
Wednesday10:00 AM — 10:00 PM
Thursday10:00 AM — 10:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Neftçilər Prospekti 42, Baku, Azerbaijan

Insights

Location and Accessibility

Located along the Caspian Sea promenade with excellent views and proximity to major transportation hubs, making it easily accessible to both locals and tourists.

Competitive Landscape

Facing strong competition from newer shopping centers in Baku, which impacts foot traffic and the mall's appeal to both retailers and shoppers.

Rental Costs

Rental rates are above average compared to other malls in the region, which could be a concern for retailers with tighter budgets.

Building Details

Property Type
Community
Gross Leasable Area
29,000
Year Built
2010
Parking Spaces
500
Average Monthly Footfall
291,667
Owner
Azersun Holding
Anchor Tenants
Calvin Klein, Tommy Hilfigier, Lacoste, Benetton, Sisley, Rinascimento, Intimissimi Calzedonia, Adidas, Liu Jo, Bebe, US Polo, AVVA, Greyder

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
15 km
Catchment area population
1,200,000 People
Population growth rate
0.8 %
Median age
31 Years
Household size
3.8 People
Education level (tertiary)
35.0 %

Median household income
12,000 USD
Unemployment rate
5.2 %
Cost of living index
45 Index

Retail spending per capita
2,500 USD
Spending on apparel
600 USD
Spending on groceries
1,200 USD
Spending on electronics
400 USD

Annual foot traffic
3,500,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
4,000 USD

Number of retail stores
113 Stores
Anchor tenant presence
Yes
Competitor density (same category)
10 Stores
Tenant diversity
70.0 %
Unique Concepts
15 Stores

Number of Levels
3 Levels
Average rent per square meter
30 USD
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
2,320 Square Meters
Gross Leasable Area
29,000 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
500 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
20.0 %
Internet penetration
88.0 %

Retail crime rate
Low
Security measures
High

Promotional events
12 Events
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
8 Stores
Mall expansion plans
No
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For Retailers
Interested in this property?

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See if you're a fitQuick assessment of brand-property match
Submit Your BrandJoin the network and connect with property teams
Send an inquiryAsk about leasing, pop-ups, or partnerships
For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

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City Snapshot
Baku

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